About ELSS Calculator
Plan your ELSS (Equity Linked Savings Scheme) investments. Enter SIP or lumpsum amount, expected return, and tenure to see corpus growth, Section 80C tax benefit, and how ELSS compares to PPF for tax-saving goals.
ELSS Return Formula
Use these standard formulas for accurate estimates:
ELSS SIP future value
Each instalment has a 3-year lock-in
80C tax benefit
Example Calculation
Example: ₹12,500/month SIP for 3 years @ 12% CAGR
| Component | Value |
|---|---|
| Monthly ELSS SIP | ₹12,500 |
| Total invested (3 yrs) | ₹4,50,000 |
| Estimated corpus @ 12% | ₹5,29,000 |
| 80C benefit @ 30% slab | ₹45,000 / year |
Benefits of Using This Calculator
Instant results with standard financial formulas
Clear charts and tables for better decisions
Mobile-friendly — works on any device
100% free — no signup or data stored on servers
Built for Indian investors and taxpayers
Compare scenarios side-by-side where applicable
Frequently Asked Questions
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ELSS (Equity Linked Savings Scheme) is a category of equity mutual funds that qualifies for tax deduction up to ₹1.5 lakh per year under Section 80C of the Income Tax Act.
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ELSS has the shortest lock-in of 3 years among 80C instruments. Each SIP instalment is locked for 3 years from its investment date.
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ELSS offers market-linked returns (potentially higher than PPF's ~7%) with a shorter lock-in, but carries equity risk. PPF offers guaranteed tax-free returns with a 15-year tenure.
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Long-term capital gains above ₹1 lakh in a year are taxed at 10% under LTCG rules. Gains below ₹1 lakh are tax-free.
More Tax-Saving & Investment Tools
PPF, NPS, SIP and Income Tax calculators — all free on Investro.
Conclusion
ELSS offers the shortest lock-in (3 years) among 80C instruments with market-linked equity returns. Pair ELSS SIP with term insurance and medical cover for a complete tax-saving plan; avoid lumpsum in volatile markets and always invest for at least 5–7 years for meaningful equity returns.